Module Code: |
H8ESP |
Long Title
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Economic and Social Policy
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Title
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Economic and Social Policy
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Module Level: |
LEVEL 8 |
EQF Level: |
6 |
EHEA Level: |
First Cycle |
Module Coordinator: |
Pauline Kelly Phelan |
Module Author: |
Paul Hanly |
Departments: |
School of Business
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Specifications of the qualifications and experience required of staff |
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Learning Outcomes |
On successful completion of this module the learner will be able to: |
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Learning Outcome Description |
LO1 |
Develop a detailed understanding of concepts and theories relevant to key economic and social policy issues. |
LO2 |
Apply relevant economic theories and economic interpretation to critically evaluate Irish and European economic and social policy issues. |
LO3 |
Critically analyse the different forms of Government intervention in the economy, its justification and its instruments. |
LO4 |
Evaluate the economic implications of Ireland as a small open economy. |
Dependencies |
Module Recommendations
This is prior learning (or a practical skill) that is required before enrolment on this module. While the prior learning is expressed as named NCI module(s) it also allows for learning (in another module or modules) which is equivalent to the learning specified in the named module(s).
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No recommendations listed |
Co-requisite Modules
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No Co-requisite modules listed |
Entry requirements |
As per programme requirements.
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Module Content & Assessment
Indicative Content |
Introduction - Ireland in an Economic and Social Policy Context
Key Irish policy goals and performance
Present Irish performance indicators
Future Irish policy aims and challenges – Demographic trends and housing, labour market trends, education and fundings, environmental policy
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Key Macroeconomic policy objectives: Growth, sustainability and equality
Economic growth and efficiency
Economic welfare and happiness
Equity and income distribution: Theory and trends
Measuring the distribution of income and wealth
Poverty and inequality policy advances
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The rationale for government intervention in the economy
Advanced economic rationale for Government intervention
Public goods, Externalities, Asymmetric information
Social rationale for Government intervention
Government failure
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Government and taxation
Government policy instruments: Public Finances and fiscal policy
Principles and canons of taxation
Overview of the Irish taxation system
Direct, Indirect and corporate tax analysis
Environmental taxes
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Competition policy and regulation
Market power and the theory of competition
Competition policy: Definition, institutions and law
Recent Irish and European high profile competition cases
Civilising the Digital Economy
Rational and theories of regulation
Applications of behavioural economics to policy
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Global and European economic issues
Ireland in a globalised world and policy implications of globalisation
The theory of economic integration
The single market
European Monetary Integration Optimum currency areas and monetary unions
Euro benefits and costs of EMU
Contemporary global policy issues
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Assessment Breakdown | % |
Coursework | 50.00% |
End of Module Assessment | 50.00% |
AssessmentsFull Time
Coursework |
Assessment Type: |
Project |
% of total: |
50 |
Assessment Date: |
n/a |
Outcome addressed: |
1,2,3 |
Non-Marked: |
No |
Assessment Description: The continuous assessment will consist of a project where participants are required, either in a group or individually, to critically assess current policy measures in an allocated area (for example carbon taxes and sustainability, housing policy, education funding, the gig economy) and develop a potential new policy measure in the area which would positively enhance the economy or society based on research and international evidence. Participants will be expected to use data where possible and examine, quantitatively or qualitatively, the implications of their chosen policy measure. |
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End of Module Assessment |
Assessment Type: |
Terminal Exam |
% of total: |
50 |
Assessment Date: |
End-of-Semester |
Outcome addressed: |
1,2,3,4 |
Non-Marked: |
No |
Assessment Description: The end of module examination paper will be two hours long, with Students required to answer essay-style questions on module content. All material on the syllabus, which has been covered in lectures and tutorials, is assessable. |
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Reassessment Requirement |
Repeat examination
Reassessment of this module will consist of a repeat examination. It is possible that there will also be a requirement to be reassessed in a coursework element.
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NCIRL reserves the right to alter the nature and timings of assessment
Module Workload
Module Target Workload Hours 0 Hours |
Workload: Full Time |
Workload Type |
Workload Description |
Hours |
Frequency |
Average Weekly Learner Workload |
Lecture |
Classroom and demonstrations |
24 |
Per Semester |
2.00 |
Tutorial |
Mentoring and small-group tutoring |
24 |
Per Semester |
2.00 |
Independent Learning |
Independent learning |
202 |
Per Semester |
16.83 |
Total Weekly Contact Hours |
4.00 |
Module Resources
Recommended Book Resources |
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Hagan J., O’Toole F., & Whelan C. Editors. (2021), The Economy of Ireland: Policy making in a global context, 14th Ed. Bloomsbury.
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Social Justice Ireland. (2022), Socio-Economic Review (Annual): Social Justice Matters: 2022 Guide to a fairer Irish society, https://www.socialjustice.ie/publication/social-justice-matters-2022-guide-fairer-irish-society.
| Supplementary Book Resources |
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Mankiw N.G., & Taylor M.P. (2020), Economics, 5th Ed. Cengage.
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Stiglitz J., & Rosengard J. (2015), Economics of the Public Sector, Norton.
| This module does not have any article/paper resources |
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Other Resources |
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[Website], The economy of Ireland: policy-making in
a global context by O'Hagan, J. W. (John
William), editor, O'Toole, Francis,
editor (ncirl.ie).
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[Website], The fall of the Celtic Tiger: Ireland
and the Euro debt crisis by Donovan,
Donal, author, Murphy, Antoin E., author
(ncirl.ie).
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[Website], Irish business & society: governing,
participating & transforming in the
21st century by Donnelly, Paul, Ph.D,
O'Rourke, Brendan K, Hogan, John, Ph.D
(ncirl.ie).
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[Institutions/Think tanks], www.esri.ie.
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[Institutions/Think tanks], www.cso.ie.
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[Institutions/Think tanks], http://www.tasc.ie/.
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[Institutions/Think tanks], http://www.socialjustice.ie/.
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[Institutions/Think tanks], http://epp.eurostat.ec.europa.eu/portal/
page/portal/eurostat/home/.
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[Institutions/Think tanks], http://www.imf.org/external/pubs/ft/fand
d/fda.htm.
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[Institutions/Think tanks], http://www.forfas.ie/publication/search.
jsp.
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[Institutions/Think tanks], http://www.eesc.europa.eu/?i=portal.en.p
/publications.
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[Institutions/Think tanks], http://www.fiscalcouncil.ie/publications
/.
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[Institutions/Think tanks], http://www.nerinstitute.net/.
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[Website], http://www.irishtimes.com/business.
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[Website], http://www.independent.ie/business/.
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[Website], www.ft.com.
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[Website], www.economist.com.
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[Website], http://businessandfinance.com/.
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[Website], www.wsj.com.
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[Website], www.irisheconomy.ie.
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[Website], http://www.progressive-economy.ie/.
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[Website], http://www.thejournal.ie/social-justice-
ireland/news/.
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[Website], http://www.nerinstitute.net/blog/.
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[Website], https://www.ted.com/topics/economics.
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[Website], http://www.lse.ac.uk/publicEvents/events
/Home.aspx.
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